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RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia, Canada. The Company’s products are produced in factories located in North America and Asia and it sells its products through retail, e-commerce and wholesale channels. The Company offers its products for both men and women and also sells its products through Websites, ryu.ca and ryu.com.


TSXV:RYU.H - Post by User

Post by WHOAstockson Nov 08, 2019 1:12pm
242 Views
Post# 30328368

RYU is earning profits

RYU is earning profits

The stock is definitely not responding the way we would like it to but RYU is making profits. RYU Apparel reported 31% higher revenues at $1.5 million for the three months ended June 30, 2019. For the first half of 2019, the company reported 32% higher revenues at $2.7 million compared to the same period the year before. Notably, the company was able to maintain growth in sales year-to-date while the gross profit margin for the quarter ended June 30 clocked 49%.

 
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